India Infoline - MF News

For a fresh upswing to begin, the index has to surpass the falling trend line of the Symmetrical Triangle, which is around the 11,100-11,150 zone, post which Nifty is likely to witness a meaningful rally.- 6 hours ago, 15 Sep 19, 9:18am -

The company said that the entire shareholding of REC Transmission Projects Company Limited, a wholly-owned subsidiary of the company in Udupi Kasargode Transmission Limited.- 1 day ago, 14 Sep 19, 10:04am -

Lupin is the first generic company to receive approval for generic lnderail-LA Capsules for the Canadian market and the product has been approved and will be manufactured from Lupin's Pithampur Unit-2 Facility.- 2 days ago, 13 Sep 19, 4:08pm -

Another reason, analysts say, why the cheer may just be short-lived is the buyback offer. For Infosys to get back the trust of long-term investors, they will have to enunciate a business strategy soon- 4 Dec 17, 10:50am -

Morgan Stanley has reduced the size of its overweight rating on India for 2018 to accommodate Brazil's upgrade to the overweight category where they expect a significant economic growth. China is its biggest overweight in the global context."We reduce our overweight on India from +250 basis points (bps) to +150 bps previously. Key bull points for India in terms of the country model are increasing dividend yield trend relative to its country peers, combined with constructive views from our econom…- 27 Nov 17, 11:36pm -

With the Election Commission (EC) calling elections in Gujarat, analysts believe political considerations are likely to play a more dominant role in driving economic decisions. Markets at current levels, though are pricing in a BJP victory to some extent, they are likely to trade sideways till the final outcome is known. Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led gov…- 26 Oct 17, 10:56pm -

Another concern as regards India, Wood says, is the absence of a meaningful recovery in corporate earnings. Though the aggregate trend is likely to reverse, this, he says, comes on a lower base- 21 Oct 17, 1:25am -

Shares of public sector banks (PSBs) came under pressure with the Nifty PSU Bank index hitting fresh nine-month low on the National Stock Exchange (NSE). The index hit an intra-day low of 2,958 - its lowest level since January 6, 2017 - and has slipped 20% from its recent closing high of 3,723 on July 31, 2017.By comparison, the benchmark Nifty 50 was up 1.4%, while Nifty Bank (down 3%) and Nifty Private Bank index (down 1%) were down less than 4% during the period.Among individual stocks, State…- 19 Oct 17, 12:52am -

Shares of public sector banks (PSBs) are trading lower for the second straight day, with the Nifty PSU Bank index hitting nine-month low on the National Stock Exchange (NSE). The index hit an intra-day low of 3,002, its lowest level since January 11, 2017, and has slipped 18.5% from its recent closing high of 3,723 on July 31, 2017. By comparison, the benchmark Nifty 50 was down marginally by 0.58%, while Nifty Bank (down 4%) and Nifty Private Bank index (down 2%) were down less than 5% during t…- 12 Oct 17, 11:32am -

Business Standard PF

Recently the ITAT held that a taxpayer now can avail tax benefits of long-term capital gains that arise on sale of more than one property are invested / will be invested in one residential house- 22 Mar 19, 6:35am -